Annual, Not Seasonally Adjusted

LFUNTTFEG7A647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,227,000.00

Year-over-Year Change

-6.94%

Date Range

1/1/1962 - 1/1/2016

Summary

The 'Annual, Not Seasonally Adjusted' trend measures the total civilian labor force in the United States. This key economic indicator provides insights into the size and dynamics of the American workforce.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This monthly data series tracks the total number of civilians aged 16 and older who are either employed or actively seeking work. Economists and policymakers closely monitor labor force trends to understand the health and potential of the U.S. economy.

Methodology

The Bureau of Labor Statistics collects this data through monthly household surveys.

Historical Context

The civilian labor force figures are a foundational economic metric used to assess employment, consumption, and overall economic performance.

Key Facts

  • The U.S. civilian labor force totaled over 163 million in 2022.
  • Labor force participation rate was 62.2% in 2022.
  • The labor force has grown by over 10 million since 2010.

FAQs

Q: What does this economic trend measure?

A: The 'Annual, Not Seasonally Adjusted' trend measures the total number of civilians aged 16 and older who are either employed or actively seeking work in the United States.

Q: Why is this trend relevant for users or analysts?

A: The civilian labor force is a foundational economic metric used to assess employment, consumption, and overall economic performance in the U.S.

Q: How is this data collected or calculated?

A: The Bureau of Labor Statistics collects this data through monthly household surveys.

Q: How is this trend used in economic policy?

A: Policymakers closely monitor labor force trends to understand the health and potential of the U.S. economy and inform economic and workforce development strategies.

Q: Are there update delays or limitations?

A: The labor force data is released monthly with a short delay, providing timely insights into the dynamics of the U.S. workforce.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTFEG7A647S), retrieved from FRED.